Chevron reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins dragged its refining business ...
This story incorporates reporting from worldenergynews.com, SchaeffersResearch.com and MSN.Chevron announced financial ...
Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron, Exxon Mobil ...
Chevron's downstream business lost $248 million in the fourth quarter of 2024, compared with a profit of $1.15 billion in the ...
Q4 2024 Earnings Call Transcript January 31, 2025 Chevron Corporation misses on earnings expectations. Reported EPS is $2.06 ...
Big Oil was once the antithesis of the asset-light, hyper-growth world of Silicon Valley. Now it’s looking to Big Tech to ...
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...
Lower corporate costs also enabled the company to beat profit estimates, said RBC Capital Markets analyst Biraj Borkhataria.
The oil major announced Q4 adjusted earnings per share of $2.06, which missed the average Wall Street estimate by 5 cents. CVX stock sold off more than 4.5% in the late afternoon session.
Chevron expects to add $10 billion in annual free cash flow by 2026, led by growth in upstream assets such as FGP and the Gulf of America. In the Permian, the company anticipates reaching one million ...
Shares of energy companies fell after mixed earnings and amid fears of universal tariffs. The annual profits of Exxon Mobil and Chevron fell in 2024, as anemic natural-gas prices and narrowed refining ...